Financial Highlights

Financial Highlights
2019 FQ4
12/31/2019
2018 FQ4
12/31/2018
Y-Y Ch (%)
2019 FQ3
9/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,131,923 1,080,617 4.75 1,112,219 7.09
Total Net Loans 917,859 894,559 2.60 924,536 (2.89)
Total Deposits 910,440 842,192 8.10 893,688 7.50
Equity Attributable to Parent Company 126,185 117,476 7.41 124,857 4.25
Total Equity 126,185 117,476 7.41 124,857 4.25
Profitability (%)
Net Income($000) 2,002 782 156.01 1,841 34.98
Net Income Attributable to Parent($000) 2,002 782 156.01 1,841 34.98
ROAA 0.71 0.30 41 bp 0.66 5 bp
Core ROAA 0.75 0.50 25 bp 0.71 4 bp
ROAE 6.39 2.69 370 bp 5.97 42 bp
ROATCE 7.50 3.59 391 bp 7.08 42 bp
Core ROAE 6.79 4.51 228 bp 6.39 40 bp
Net Interest Margin 3.45 3.44 1 bp 3.47 (2) bp
Reported: Net Interest Margin 3.43 3.41 2 bp 3.45 (2) bp
Efficiency Ratio 71.54 74.98 (344) bp 66.86 468 bp
Noninterest Inc/ Operating Rev 13.06 10.21 285 bp 11.72 134 bp
Balance Sheet Ratios (%)
Loans/ Deposits 101.51 107.11 (560) bp 104.26 (275) bp
Securities/ Assets 9.29 8.31 98 bp 7.86 143 bp
Total Equity/ Total Assets 11.15 10.87 28 bp 11.23 (8) bp
Tangible Equity/ Tangible Assets 10.20 9.82 38 bp 10.25 (5) bp
Tang Common Equity/ Tang Assets 10.20 9.82 38 bp 10.25 (5) bp
Asset Quality (%)
NPAs/ Assets NA 1.20 NA 1.16 NA
NPA Excl Restructured/ Assets 0.56 0.81 (25) bp 0.84 (28) bp
NPAs & 90+ PD/ Assets NA 1.20 NA 1.16 NA
NPAs/ Loans & REO NA 1.43 NA 1.38 NA
Nonaccrual & 90+ & OREO/ Assets NA 0.81 NA 0.84 NA
NPAs & 90+ PD/ Loans & REO NA 1.43 NA 1.38 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 11.45 NA 10.71 NA
NCOs/ Avg Loans 0.11 0.12 (1) bp 0.21 (10) bp
Loan Loss Reserves/ Gross Loans 0.82 0.88 (6) bp 0.80 2 bp
Reserves/ NPAs NA 61.17 NA 58.16 NA
Loan Loss Provision/ NCO 126.94 341.18 (21,424) bp 103.34 2,360 bp
Per Share Information ($)
Common Shares Outstanding(actual) 13,261,801 13,201,682 0.46 13,334,302 (2.17)
Avg Diluted Shares(actual) 13,145,522 13,099,707 0.35 13,132,459 0.40
Basic Book Value per Share 9.51 8.90 6.85 9.36 6.41
Book Value per Share, As Reported 9.51 8.90 6.85 9.36 6.41
Basic Tangible Book Value per Share 8.62 7.95 8.43 8.46 7.57
Tangible Book Value per Share, As Reported 8.64 7.98 8.27 8.49 7.07
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.15 0.06 150 0.14 28.57
EPS after Extra Growth(%) 150 NM NM 75 7,500 bp
Core EPS 0.16 0.10 60 0.15 26.67
Core EPS Growth(%) 58.20 NM NM 62.70 (445) bp
Diluted EPS before Amortization 0.16 0.07 128.57 0.15 26.67
Pre-Provision Earnings per Share 0.16 0.12 33.33 0.17 (23.53)

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

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